CPF’s revenue up 20% in Q2 2022

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Thailand’s CP Foods (CPF) reported a revenue of USD 4.4 billion in Q2 2022, up 20% yoy. Revenues from local operations rose 17%, while overseas businesses grew 22%. Increased sales and improved demand drove performance. However, while gross profit rose 7%, net profit dropped 11% to USD 118.5 millio...

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Editor, Asian Meat Magazine and Meat Insider, Bangkok, Thailand. Discusses the business opportunities, challenges and price gaps of meat and alternative proteins with Maarten Geraets of Thai Union Group in the podcast, ‘Capturing plant-based business opportunities’.